NOT LISTED FOR SALE

1224 Colgate Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $642,000 - $953,000

Studio
-- Bath
2,000 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $230,000 $115 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $4,235/month

About This Home

As of April 2013

Great investment. call for more info

Last Agent to Sell the Property

Lucy Alvarez

Metro Star Realty LLC Brokerage Phone: 718-794-2327 License #40AL0880500 Listed on: 04/10/2013

Co-Listed By

Urmilla Busgith

Metro Star Realty LLC Brokerage Phone: 718-794-2327 License #10311201920

Last Buyer's Agent

John Muniz

Metro Star Realty LLC License #40MU1146719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1920

Lot Details

  • 2,003 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,000 Sq Ft Home
  • Chalet
  • Brick Exterior Construction

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03770-0047

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,626

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-794-2327
  • Co List Office Mls Id: ONEC21MET
  • Co List Office Phone: 718-794-2327
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Living Area: 2000
  • SquareFootage: 2000.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Heating: Natural Gas, Hot Water, Radiant
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0459
  • Lot Size Sq Ft: 2003
  • Lot Size Units: Acres
  • Parcel Number: 03770-0047
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 1626
  • Tax Map Number: 03770-0047

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2013
Sold by
United Hering Llc
Bought by
Hughes Amelia V and Hughes Macia R
Current Estimated Value
$764,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Outstanding Balance
$345,507
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$419,122

Purchase Details

Listed on
Apr 10, 2013
Closed on
Apr 10, 2013
Sold by
1224 Colgate Ave Realty Corp
Bought by
United Hering Llc
Seller's Agent
Lucy Alvarez
Metro Star Realty LLC
Buyer's Agent
John Muniz
Metro Star Realty LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$190,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2013
Closed on
Feb 28, 2013
Sold by
Quiros Judith
Bought by
1224 Colgate Ave Realty Corp
Seller's Agent
Lucy Alvarez
Metro Star Realty LLC
Buyer's Agent
John Muniz
Metro Star Realty LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2000
Sold by
Noriega David and Quiros Judith
Bought by
Quiros Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hughes Amelia V $470,000 --
Hughes Amelia V $470,000 --
United Hering Llc $230,000 --
United Hering Llc $230,000 --
1224 Colgate Ave Realty Corp $110,000 --
1224 Colgate Ave Realty Corp $110,000 --
Quiros Judith -- The Judicial Title Ins Agenc
Quiros Judith -- The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Amelia V $461,487
Closed Hughes Amelia V $461,487
Previous Owner United Hering Llc $190,000
Previous Owner Quiros Judith $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2013 04/11/13 Sold $230,000 -8.0% $115 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $250,000 -- $125 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,067 $15,428 $2,989 $12,439
2024 $3,067 $15,268 $3,087 $12,181
2023 $2,928 $14,417 $3,129 $11,288
2022 $2,718 $40,260 $8,880 $31,380
2021 $2,706 $40,080 $8,880 $31,200
2020 $2,721 $38,880 $8,880 $30,000
2019 $2,017 $35,220 $8,880 $26,340
2014 $1,291 $10,603 $4,262 $6,341
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lucy Alvarez

    Metro Star Realty LLC

    Section Image

  • U

    Seller Co-Listing Agent in 2013

    Urmilla Busgith

    Metro Star Realty LLC

    Section Image

  • J

    Buyer's Agent in 2013

    John Muniz

    Metro Star Realty LLC

    (718) 794-2327

    3 Total Sales

    John Muniz
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYH3310853

OneKey® MLS

APN: 03770-0047

New York Bronx County Bronx 10472 Parkchester

1224 Colgate Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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